Sangam: A Confluence of Knowledge Streams

Market power of the Japanese non-GM soybean import market

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dc.creator Yamaura, Koichi
dc.date 2008-05-28T14:46:37Z
dc.date 2008-05-28T14:46:37Z
dc.date 2008-05-28T14:46:37Z
dc.date 2008
dc.date August
dc.date.accessioned 2023-04-10T10:08:57Z
dc.date.available 2023-04-10T10:08:57Z
dc.identifier http://hdl.handle.net/2097/827
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/285431
dc.description Master of Science
dc.description Department of Agricultural Economics
dc.description Michael W. Woolverton
dc.description Globally, the majority of countries now use genetically modified (GM) soybeans to produce oil and meal for livestock and human consumption. Japan, however, uses only Non-GM soybeans for direct human consumption of which more than 80% are imported from the U.S., Canada, and China. This research used the inverse residual demand model to estimate a two-country partial equilibrium trade model to test the existence of market power in the Japanese Non-GM soybean import market. The two-country partial equilibrium trade model incorporated the U.S. residual Non-GM soybean supply for Japan, the Japanese residual demand for U.S. Non-GM soybeans, and the equilibrium condition, where the U.S. residual Non-GM soybean supply equals the Japanese residual Non-GM soybean demand. Monthly data from January 2003 to December 2007 were used for the analysis. Empirical results indicated that U.S. Non-GM soybean exporters have stronger market power than Japanese Non-GM soybean importers. The results also indicate that Japanese consumers are willing to pay higher prices for soybeans, tofu, natto, miso, and other all soy food products.
dc.format application/pdf
dc.language en_US
dc.publisher Kansas State University
dc.subject Non-GM Soybean
dc.subject Market Power
dc.subject Japanese Soybean Import Market
dc.subject Two-Country Partial Equilibrium Trade Model
dc.subject U.S. Non-GM Soybean
dc.subject Japanese Soy Foods
dc.subject Economics, Agricultural (0503)
dc.title Market power of the Japanese non-GM soybean import market
dc.type Thesis


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